MINNEAPOLIS — Target Corp. reported comparable digital sales growth of 118% in the fourth quarter, accounting for two-thirds of the company’s overall comp sales growth for the period. Overall comp-store sales increased by 20.5%, while comp-store sales in physical stores grew by 6.9%, the company said on Tuesday. Sales for the three months ended January
MINNEAPOLIS — Target Corp. is partnering with Apple to offer an expanded assortment of the brand’s products and services, the retailer said Thursday. The new shopping experience, similar to departments Target has created with Disney, Ulta Beauty and Levi Strauss & Co., is part of the retailer’s effort to become a destination for sought-after brands.
MANHATTAN BEACH, Calif. — The Aussie-inspired, dermatologist-developed sunscreen brand Project Sunscreen has launched at Target, the company said Thursday. Project Sunscreen’s “Tropical Palms” and “Aerial Beach” rollerball designs have rolled out to an initial 130 stores and are also available on the Target website. “This is a dream come true,” Project Sunscreen co-founder and CEO
MINNEAPOLIS — Target Corp. has named a new chief growth officer in one of a number of leadership changes the company announced on Tuesday. “At the core of Target’s success is the most talented team in retail,” Target chairman and CEO Brian Cornell said, chairman and CEO, Target. “The depth of expertise across Target’s leadership
NEW YORK — Ahold Delhaize’s GIANT Co. and Food Lion, along with such retailers as Kroger, Walgreens and Walmart, were among the retailers recognized as being among the best places to work for LGBTQ equality. They received perfect marks on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index. A record-breaking 767 major U.S. businesses
MINNEAPOLIS — Target Corp. is launching an assortment of home and lifestyle items with Levis Strauss & Co. that will be the apparel company’s first Home partnership. The Levi’s for Target limited-edition Home collection builds on the decade-long partnership between the two companies, which began with the introduction of the value brand, DENIZEN from Levi’s,
MINNEAPOLIS — Target is offering its employees a $200 million “thank you” for their hard work during a challenging year. The retailer said Monday that it will pay $500 bonuses to all its hourly employees in stores, distribution centers and at its headquarters and field-based offices. In addition, all store directors, executive team leaders and
MINNEAPOLIS — Target Corp.’s comparable sales for the combined November/December period grew 17.2%, driven by a 4.3% increase in store traffic and a 12.3% increase in average ticket size, the company said Wednesday. Store-originated comparable sales grew 4.2%, while comparable digital sales grew 102%. “The momentum in our business continued in the holiday season with
CHICAGO – In a year dominated by COVID-19, Amazon surpassed last year’s winner H-E-B and runner up Trader Joe’s to take the top spot in the fourth annual dunnhumby Retailer Preference Index (RPI). Target also broke into the top quartile of the RPI for the first time, driven by its own strong performance in response
MINNEAPOLIS — Target is one of a select group of retailers that have been able to respond effectively to the extraordinary challenges that 2020 presented to the industry and go on to perform at a level far beyond expectations. It is also one of a smaller and more select group of companies that reacted immediately
MINNEAPOLIS — Target Corp. is catering to last-minute shoppers by making its contactless same-day pickup and delivery options available until 5 p.m. on Christmas Eve. Target guests can place their orders at the click of a button as late as 5 p.m. on December 24 for free pickup at a local Target store, or they
As 2020 finally and reluctantly gives way to 2021, the mass retail community is understandably optimistic about the year ahead. As background, much has changed, more perhaps than in any other 12-month period in the history of retailing in America. Foremost among these shifts in consumer shopping habits is the undeniable fact that online shopping,